Los Angeles, CA 90062 1442 W Martin Luther King Jr Boulevard

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  • MLS# DW21190597
  • 08/27/2021
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Presented By: Fernando Spindola with Excellence Real Estate - 323-456-6110

Home Details

Huge opportunity and potential to operate a move-in ready restaurant. Must sell at this price and all will be included except the exclusions of: personal tools and flat grill. Goodwill of restaurant and location look great. Many local clients call daily to put food orders. Perfect location, very close to major sports complexes on a busy street. Very low rent at: $740 per month. No upcoming rent increases, currently in a month to month agreement. Has been there since 2016. Maximum occupancy seating of business is about: 24. Utilities is about: $230 per month. The licenses and permits are about: $1,350 per year. Owner opens Thursday through Sunday. Approximate value of machinery is about:$30,000. Approximate value of furniture, fixtures, and other equipment is about: $10,000. Owner operator works about 40 hours a week.
Presented By: Fernando Spindola with Excellence Real Estate - 323-456-6110

General for 1442 W Martin Luther King Jr Boulevard

Additional Parcels Y/NNo
Business TypeRestaurant
Listing AgentFernando Spindola - BRE#01745219
Listing Agent State License01745219
MLS AreaC34 - Los Angeles Southwest
Property TypeBusiness Opportunity
StatusActive
Total Actual Rent740

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $69,000
MLS#DW21190597
List Date 08/27/2021
Property Type Commercial
Phone 310.658.1749
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